During his June announcement, Ramaphosa said he would give Mineral Resources and Energy Minister Gwede Mantashe 60 days to Gazette the amendment.
This yearly competition is backed by RES4Africa Foundation, Enel Green Power and the European Investment Bank (EIB). It encourages young entrepreneurs from across Africa to develop projects that expand energy access, enable greater use of renewable energy and accelerate sustainability.
The grants are grouped under the bank’s concessional lending window and will comprise $47-million towards productivity enhancement in agricultural industrial parks and $71-million to power interconnection between the two countries.
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